Workday called for a 25% adjusted operating margin in the current quarter, below Wall Street’s estimate of 25.5%.
Category: Technology
Social media creators turn to subscription apps due to increasingly competitive, volatile content economy
Many content creators are increasingly looking to monthly subscription platforms like Substack and Patreon for consistency in their monthly income.
Video platform Rumble plans to buy up to $20 million in bitcoin in new treasury strategy
Conservative video platform Rumble said it will begin allocating some of its excess cash reserves to bitcoin and could buy up to $20 million in the crypto.
Wall Street launches new ways to bet on bitcoin
Wall Street launches new trading tools to bet on the price of bitcoin
San Francisco Mayor-elect Daniel Lurie taps OpenAI’s Sam Altman and other business leaders for help with transition
San Francisco’s Mayor-elect, Daniel Lurie, has begun tapping tech heavyweights and business leaders to help with his goal of overhauling the city’s image.
Zoom surpasses expectations and calls for another quarter of single-digit growth
Zoom’s business is still growing, but not nearly at the rate of expansion during the Covid-19 pandemic.
Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.
Why X’s new terms of service are driving some users to leave Elon Musk’s platform
Elon Musk’s X implemented new terms of service that are driving some users off the microblogging platform.
How Elon Musk’s plan to slash government agencies and regulation may benefit his empire
Donald Trump has said the Department of Government Efficiency would end government “bureaucracy,” relax “excess” regulations and cut “wasteful” expenditures.
The Pentagon’s battle inside the U.S. for control of a new Cyber Force
The Defense Department has made its position clear that any new federal cybersecurity fighting force should not be centralized outside Pentagon authority.